U.S. government debt prices rose Thursday after President Donald Trump said he wants to see a stronger dollar.
The yield on the benchmark 10-year Treasury note fell two basis points to 2.624 percent at 2:28 p.m. ET, while the yield on the 30-year Treasury bond slipped to 2.887 percent. Bond yields move inversely to prices.
Earlier, the yield on the 10-year note hit 2.676 percent, its highest level since Jul. 2014, when the 10-year yielded as high as 2.692 percent. The yield on the 2-year note hit 2.104 percent, its highest level since Sept. 2008.
The dollar rebounded against the euro Thursday afternoon after President Trump told CNBC that he would like to see a stronger dollar. The president's comment come a day after the dollar fell the most in 10 months to three-year lows Wednesday.
"The dollar is going to get stronger and stronger, and ultimately I want to see a strong dollar," Trump said in an exclusive interview from the World Economic Forum in Davos, Switzerland. "Our country is becoming so economically strong again and strong in other ways, too."